On January 1, 2022. It is nished Corporation had 75,000 shares of $1 par value common stocksued and outstanding. During the year, the following transactions occurred Mar. 1 Issued 25,000 shares of common stock for $16 per share June 1 Declared a cash dividend of St.Sper slure to stockholders of record on June 15 Jane 10 Paid the $1. so cash dividend Dec 1 Purchased 10,000 shares of common stock for the treasury for $25 per share Dec 15 Declared a cash dividend on outstanding shares of $3.00 per share to stockholders of record on December 31 Instructions: Prepare journal entries to record the above transactions Date SE R E NI Account DR CR 3/1/22 SE NI CF Account DR CR Date 6/1/22 SE NI CF Account DR CR Date 6/30/22 SE NI CI Account DR CR Date 12/1/22 SE CH Account DA Date 12/15/22